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Press Releases from MarketsandMarkets (7469 total)

Nucleic Acid Isolation and Purification Market Worth $9.4 billion | MarketsandMa …

Nucleic Acid Isolation and Purification Market in terms of revenue was estimated to be worth $6.4 billion in 2023 and is poised to reach $9.4 billion by 2028, growing at a CAGR of 8.1% from 2023 to 2028 according to a new report by MarketsandMarkets. Factors responsible for the growth of this market include technological advancements, growing research & development activities, and growing automation. Opportunities such as emerging economies are

With 26.4% CAGR, Battery Energy Storage System Market Growth to Surpass USD 17.5 …

The battery energy storage system market is estimated to be worth USD 5.4 billion in 2023 and is projected to reach USD 17.5 billion by 2028, at a CAGR of 26.4% during the forecast period. The Improvements in battery technology and Government policies and regulations are also supporting the growth of the global battery energy storage system market. Moreover, the growing concerns about climate change is also a key factor

Smart Manufacturing: Harnessing Artificial Intelligence for Efficiency and Innov …

The artificial intelligence in manufacturing market is estimated to be valued at USD 3.2 billion in 2023 and is projected to reach USD 20.8 billion by 2028, at a CAGR of 45.6% from 2023 to 2028. Artificial intelligence (AI) in manufacturing refers to the emulation of human intelligence for interacting with machines, extracting data from various sources, analyzing that data, and executing necessary tasks. These tasks encompass activities such

Emerging Technologies and the Future of Testing, Inspection, and Certification M …

The global testing, inspection, and certification (TIC) market is expected to reach USD 280.6 billion by 2029 from USD 233.2 billion in 2024, at a CAGR of 3.8% during the forecast period. The rise in demand for TIC services is driven by stringent government regulations for ensuring product safety, the demand for interoperability testing, and the surge in trade involving counterfeit and defective products. Additionally, the growing emphasis on digitalization

Electrical Steel Market worth $ 60.7 billion by 2028 | Key players ArcelorMittal …

According to recent market research the "Electrical Steel Market by Type (Non-grain-oriented, and Grain-oriented), Application (Transformer, Motors, Inductors), End-user Industry (Automotive, Energy, Manufacturing, Household Appliances), and Region - Global Forecast to 2028", is approximated to be USD 40.6 billion in 2023, and it is projected to reach USD 60.7 billion by 2028, at a CAGR of 8.4%. The electrical steel market is expected to experience significant growth in the coming

Cross Linking Agents Market worth $13.6 billion by 2028 | Key players BASF SE (G …

According to recent market research the "Cross Linking Agents Market by Chemistry (Amino, Amine, Amide, Aziridine, Isocyanate, Carbodiimide), Application (Decorative, Industrial (Transportation Coatings, Industrial, Protective Coatings, Marine Coatings), & Region - Global Forecast to 2028", is projected to reach USD 13.6 billion by 2028, at a CAGR of 6.5% from USD 9.9 billion in 2023. The Cross-Linking Agent market is mainly driven by the factors including the demand for high-performance

MRI Systems Market Worth $6.6 billion | MarketsandMarkets

MRI Systems Market in terms of revenue was estimated to be worth $5.2 billion in 2023 and is poised to reach $6.6 billion by 2028, growing at a CAGR of 5.0% from 2023 to 2028 according to a new report by MarketsandMarkets. The major factors driving the growth of this market include the launch of technologically advanced products by the key players and rising demand for early diagnosis. Recent technological

Temperature Management Systems Market Worth $3.9 billion | Asahi-kasei Corporati …

Temperature Management Systems Market in terms of revenue was estimated to be worth $3.0 billion in 2023 and is poised to reach $3.9 billion by 2028, growing at a CAGR of 4.9% from 2023 to 2028 according to a new report by MarketsandMarkets. Growth in the temperature management systems market is mainly driven by the increasing prevalence of chronic and infectious diseases, the rising number of surgical procedures, and the

Electric Heat Tracing Market Set to Grow at the Fastest Rate- Time to Grow your …

The global electric heat tracing market is expected to be valued at USD 2.96 billion in 2024 and is projected to reach USD 4.34 billion by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. The electric heat tracing market is experiencing substantial growth due to a convergence of factors. Increasing demand for convenience and efficiency in various applications such as for freeze protection,

Video Surveillance Market Projected to reach $83.3 billion by 2028

The global video surveillance market is expected to be valued at USD 53.7 billion in 2023 and is projected to reach USD 83.3 billion by 2028; it is expected to grow at a CAGR of 9.2% from 2023 to 2028. The market growth is driven by growing security concerns, technological advancements, and the integration of AI-powered analytics. The market's expansion is further propelled by increasing demand for real-time monitoring, remote

With 61.3% CAGR, Digital Twin Market Growth to Surpass USD 110.1 billion

The global digital twin market size is projected to grow from USD 10.1 billion in 2023 to USD 110.1 billion by 2028 at a CAGR of 61.3% during the forecast period. The key factors fueling the growth of this market include the rising emphasis on digital twins in manufacturing industries to reduce cost and improve supply chain operations and the increasing demand for digital twins from the healthcare industry. Download PDF

Gene Therapy Market Size And Global Industry Forecast

Gene Therapy Market in terms of revenue was estimated to be worth $9.0 billion in 2023 and is poised to reach $23.9 billion by 2028, growing at a CAGR of 21.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The rising number of product approvals followed by growing focus on genomic research focused on development of novel therapeutics including gene therapies against critical indications, are the factors

In Vitro Toxicology Testing Market Global Forecast to 2028

In Vitro Toxicology Testing Market in terms of revenue was estimated to be worth $10.8 billion in 2023 and is poised to reach $17.1 billion by 2029, growing at a CAGR of 9.5% from 2023 to 2029 according to a new report by MarketsandMarkets. Technological advancements taking place in assays and equipment being used for such studies, along with the increasing R&D expenditure to undertake toxicity studies during the early

Glass Mat Market worth $2.2 billion by 2028 | Key players Owens Corning, (US), 3 …

According to recent market research the "Glass Mat Market by Mat Type (Chopped Strand Mat, Continuous Filament Mat), Binder Type (Emulsion, Powder), Manufacturing Process (Dry-Laid, Wet-Laid), End-Use Industry, Region (North America, APAC, Europe, Latin America, MEA) - Global Forecast to 2028", is projected to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2028, at a CAGR of 8.6% during the forecast period. Glass mat offers various

Surfactants Market worth $57.8 billion by 2028 | Key players BASF SE (Germany), …

According to recent market research the "Surfactants Market by Type (Anionic, Non-ionic, Cationic & Amphoteric), Application (Home Care, Personal Care, Industrial & Institutional Cleaning, Textile, Elastomers & Plastics, Agrochemicals, and Food & Beverage), and Region - Global Forecast to 2028", size was USD 43.5 billion in 2022 and is projected to reach USD 57.8 billion by 2028, at a CAGR of 4.9% from 2023 to 2028. The market is projected

Image Sensor Market Projected to reach $38.6 billion by 2027

The global image sensor market size is estimated to be USD 26.1 billion in 2022 and is projected to reach 38.6 billion by 2027, at a CAGR of 8.1% during the forecast period. Growing adoption of ADAS in automobiles and rising demand for multiple cameras in mobile devices play a key role in driving the growth of image sensor market in near future. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=601 Cost-effective manufacturing and low

Infrared Imaging Market Set to Grow at the Fastest Rate- Time to Grow your Reven …

The infrared imaging market is estimated to be worth USD 6.7 billion in 2023 and is projected to reach USD 9.6 billion by 2028, at a CAGR of 7.3% during the forecast period. The growing popularity of uncooled infrared cameras and the increasing use of infrared cameras in quality control and inspection application are major factors driving the global growth of the infrared imaging market. Moreover, penetration of infrared cameras

With 22.4% CAGR, Horticulture Lighting Market Growth to Surpass USD 10.4 billion

The horticulture lighting market is expected to reach USD 10.4 billion by 2028 from USD 3.7 billion in 2023, at a CAGR of 22.4% during the 2023-2028 period. One of the most significant driver of horticulture lighting is its capability to enable year-round crop production, regardless of the external climate and sunlight availability. This breakthrough in agricultural technology has revolutionized the way crops are cultivated and has become a game-changer

Veterinary Diagnostic Market worth $5.0 billion by 2029

Veterinary Diagnostic Market in terms of revenue was estimated to be worth $3.3 billion in 2023 and is poised to reach $5.0 billion by 2029, growing at a CAGR of 7.1% from 2023 to 2029 according to a new report by MarketsandMarkets. Early disease detection and ease of decision-making leading to improved treatment planning are advantages of the veterinary diagnostics market. Factors such as increased diagnostic testing for animals such

Cardiac Marker Testing Market worth $6.9 billion by 2028

Cardiac Marker Testing Market in terms of revenue was estimated to be worth $4.4 billion in 2023 and is poised to reach $6.9 billion by 2028, growing at a CAGR of 9.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The expansion of the cardiac marker testing market is propelled by several synergistic factors, including increasing demand for early diagnosis of cardiovascular diseases, escalating cardiovascular diseases prevalence,

Glass Substrate Market worth $8.4 billion by 2028 | Key players AGC Inc. (Japan) …

According to recent market research the "Glass Substrate Market by Type (Borosilicate, Silicon, Ceramic, And Fused Silica/Quartz-Based Glass Substrates), End-Use Industry (Electronics, Automotive, Medical, Aerospace & Defense, Solar), and Region - Global Forecast to 2028", size is estimated to be USD 7.1 billion in 2023, and it is projected to reach USD 8.4 billion by 2028 at a CAGR of 3.5%. The growth of the glass substrate market is primarily

Molded Pulp Packaging Market worth $5.7 billion by 2027 | Key players Huhtamaki …

According to recent market research the "Molded Pulp Packaging Market by Molded Type (Thickwall, Transfer Molded, Thermoformed Fiber and Processed Pulp), Product Type (Trays, Clamshells, Cups, Plates, Bowls), End-Use, Source (Wood Pulp and Non Wood Pulp), and Region - Global Forecast to 2027", is approximated to be USD 4.6 billion in 2022, and it is projected to reach USD 5.7 billion by 2027, at a CAGR of 4.3%. Molded fiber

With 26.6% CAGR, Anti-Drone Market Growth to Surpass USD 5.2 billion

The global anti-drone market was valued at USD 1.2 billion in 2022 and is projected to reach USD 5.2 billion by 2028; it is expected to register a CAGR of 26.6% during the forecast period. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, growing reliance on advanced anti-drone systems to prevent terrorism, and surging adoption of aerial remote sensing technologies to safeguard

RTLS Market for Healthcare: Size, Trends, Manufacturers' Strategies, and Growth …

Real-Time Location Systems (RTLS) have emerged as indispensable tools in the healthcare sector, facilitating asset tracking, patient monitoring, and staff management in real-time. As healthcare facilities strive to enhance operational efficiency, patient safety, and quality of care, the RTLS market for healthcare continues to witness significant growth and innovation. In this article, we delve into an in-depth analysis of the RTLS market for healthcare, examining its size, current trends, strategies

Precision Farming Market: Size, Trends, Manufacturers' Strategies, and Growth Op …

Precision farming, also known as precision agriculture or smart farming, is revolutionizing the agricultural sector by leveraging technology to optimize crop yields, reduce resource wastage, and enhance farm productivity. As the global population continues to grow, coupled with increasing demand for food security and sustainability, precision farming has emerged as a critical solution to address the challenges facing modern agriculture. In this article, we delve into an in-depth analysis of

Feminine Hygiene Products Market worth $32.2 billion by 2028 | Key players Drylo …

According to recent market research the "Feminine Hygiene Products Market by Nature (Disposable, Reusable), Type (Sanitary Napkins, Tampons, Menstrual Cups), Region (Asia Pacific, North America, Europe, Middle East and Africa, South America) - Global Forecast to 2028", size is projected to grow from USD 24.6 billion in 2023 to USD 32.2 billion by 2028, at a CAGR of 5.5% from 2023 to 2028. Feminine hygiene products are designed to help

Medical Packaging Films Market worth $10.4 billion by 2028 | Key players Amcor P …

According to recent market research the "Medical Packaging Films Market by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide), Type (Thermoformable Film, High Barrier Film, Metallized Film), Application (Bags, Tubes), and Region - Global Forecast to 2028", size is estimated to be USD 7.8 billion in 2023, and it is projected to reach USD 10.4 billion by 2028 at a CAGR of 6.0%. Rising population, improving living standards, increasing industrialization, rising awareness

Ethyleneamines Market worth $2.9 billion by 2028 | Key players Tosoh Corporation …

According to recent market research the "Ethyleneamines Market by Type (Ethylenediamine, Diethylenetriamine, Triethylenetetramine), Application, End Use (Resin, Paper, Automotive, Adhesive, Water Treatment, Agriculture, Pharmaceutical), and Region - Global Forecasts to 2028", size is projected to grow from USD 2.3 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 4.7%. The ethyleneamines market is witnessing robust growth, driven by a diverse array of end-use industries. This strategic

Aircraft Seals Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The Aircraft seals market size is projected to grow from USD 3.1 Billion in 2023 to USD 3.8 Billion by 2028, at a CAGR of 4.1% from 2023 to 2028. Some of the factors fueling the market's growth include the increasing use for commercial and military aircraft fleets demand around the world. The increasing need for low-cost, efficient aircraft and technological advancements provide lucrative opportunities for Aircraft Seals providers during

With 7.1% CAGR, Timing Devices Market Growth to Surpass USD 8.9 billion

The timing devices market is projected to grow from USD 5.5 billion in 2023 and is projected to reach USD 8.9 billion by 2029; it is expected to grow at a CAGR of 7.1% from 2023 to 2030. The growth of the timing devices market is driven advancements in the telecommunications industry, rising adoption of timing devices in smartphones and smart wearables, rise in demand for healthcare and medical equipment

Memory Revolution: Exploring Opportunities in the Evolving Next-Generation Memor …

In an era defined by exponential data growth and the proliferation of connected devices, the demand for faster, more efficient, and higher-capacity memory solutions has never been greater. The next-generation memory landscape is witnessing a revolution, driven by technological advancements, changing market dynamics, and the relentless pursuit of innovation. In this article, we delve into the opportunities presented by the evolving next-generation memory landscape and explore the transformative potential of

Antimicrobial Plastics Market worth $64.8 billion by 2028 | Key players DuPont D …

According to recent market research the "Antimicrobial Plastics Market by Additive (Inorganic, Organic), Type (Commodity Plastics, Engineering Plastics, High Performance Plastics), Application (Packaging, Automotive, Medical & Healthcare, Consumer Goods), & Region - Global Forecast to 2028", size was USD 41.7 billion in 2022 and is projected to reach USD 64.8 billion by 2028, at a CAGR of 7.7%, between 2023 and 2028. Antimicrobial plastics are used in various construction industry

Micro Injection Molding Machine Market worth $0.7 billion by 2028 | Key players …

According to recent market research the "Micro Injection Molding Machine Market by Type (0-10 tons, 10-30 tons, and 30-40 tons), Application (Medical, Automotive, Fiber Optics, Electronics), Region (North America, Europe, Asia-Pacific, South America, MEA) - Global Forecast to 2028", is projected to reach USD 0.7 billion by 2028, at a CAGR of 9.9% from USD 0.5 billion in 2023. Micro injection molding machines are used to create plastic parts with

Synthetic Leather Market worth $88.0 billion by 2028 | Key players Kuraray Co., …

According to recent market research the "Synthetic Leather Market by Type (PU-based, PVC-based, Bio-based), End-use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets), and Region (North America, Europe, Asia Pacific, MEA, South America) - Global Forecast to 2028", size was USD 68.7 billion in 2023 to USD 88.0 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. Synthetic leather, commonly referred to as artificial leather, is

Commercial Electric Aircraft Market Set to Grow at the Fastest Rate- Time to Gro …

The Commercial Electric Aircraft Market is projected to grow from USD 97 million in 2026 to USD 692 million in 2031 and projected to grow to USD 1,467 million by 2035, at a CAGR of 20.7 % from 2031 to 2035. Based on the platform, the regional transport transport aircraft segment will have the largest CAGR during the forecast period. The regional transport aircraft segment is emerging as a key

With 22.0% CAGR, Artificial Intelligence (AI) Supercomputer Market Growth to Sur …

The AI supercomputer market is projected to grow from USD 1.2 billion in 2023 and is expected to reach USD 3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028. AI models have become larger and more sophisticated and require immense computational power and resources for their training and inference. This demand has led to increased interest and investment in AI supercomputing solutions. Complex AI models

Fueling Innovation: Key Drivers Shaping the Automotive Sensors Market

The global automotive sensors market size is projected to grow from USD 30.8 billion in 2023 and is anticipated to be USD 62.2 billion by 2028, growing at a CAGR of 15.0% from 2023 to 2028. This growth is attributed to the increasing adoption of electric vehicles, the proliferation of connected car technologies, and the rising demand for advanced driver assistance systems (ADAS) and autonomous vehicles. Informational PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=426 The

North America Renewable Diesel Market worth $49.1 billion by 2044 | Key players …

According to recent market research the "North America Renewable Diesel Market by feedstock (Waste oils, Vegetable oils), and Country (United States, Canada, Mexico) - Forecast to 2044", size is projected to grow from USD 12.9 billion in 2022 to USD 49.1 billion by 2044, at a CAGR of 7.1%. The main forces behind the growth of the Renewable diesel market are increasing focus on reducing carbon emissions, tax credits by

Fiberglass Market worth $44.3 billion by 2028 | Key players Owens Corning (US), …

According to recent market research the "Fiberglass Market by Glass Type (E Glass, ECR Glass, H Glass, AR Glass, S Glass), Product Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand), Application (Composites, Insulation), and Region - Global Forecasts to 2028", is estimated at USD 27.7 billion in 2022 and is projected to reach USD 44.3 billion by 2028, at a CAGR of 7.3% from 2023 to 2028. Factors

Microbiome Diagnostics Market Worth $300 million | MarketsandMarkets™

Microbiome Diagnostics Market in terms of revenue was estimated to be worth $146 million in 2023 and is poised to reach $300 million by 2028, growing at a CAGR of 15.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The microbiome diagnostics market is driven by the growing demand of personalized medicine, the collaborative efforts between the microbiome industry and academia for microbiome research and increasing incidences

Organ-on-Chip Market Size And Global Industry Forecast 2029

Organ-on-Chip Market in terms of revenue was estimated to be worth $123,285 thousand in 2024 and is poised to reach $631,073 thousand by 2029, growing at a CAGR of 38.6% from 2024 to 2029 according to a new report by MarketsandMarkets™. Growth in the organ-on-chip market is mainly driven by factors such as growing emphasis on animal free drug testing, and an increase in the adoption of organ-on-chip technology by

Contrast Media Market worth $9.7 billion by 2029

Contrast Media Market in terms of revenue was estimated to be worth $6.3 billion in 2023 and is poised to reach $9.7 billion by 2029, growing at a CAGR of 7.5% from 2023 to 2029 according to a new report by MarketsandMarkets™. Growth in the contrast media market is mainly driven by the rising number of diagnostic centers and hospitals, growing approvals of contrast media, and availability of reimbursement. Increasing

Construction Sealants Market worth $5.7 billion by 2028 | Key players 3M (US), A …

According to recent market research the "Construction Sealants Market by Resin Type (Silicone, Polyurethane, Polysulfide), Application (Glazing, Flooring & Joining, Sanitary & Kitchen), End-use Industry (Residential, Commercial, Industrial, Infrastructural), and Region - Global Forecast to 2028", is projected to grow from USD 4.7 billion in 2023 to USD 5.7 billion in 2028 at a CAGR of 3.6%. The growth of the global construction sealants market is primarily driven by the

Surfactants Market worth $57.8 billion by 2028 | Key players BASF SE (Germany), …

According to recent market research the "Surfactants Market by Type (Anionic, Non-ionic, Cationic & Amphoteric), Application (Home Care, Personal Care, Industrial & Institutional Cleaning, Textile, Elastomers & Plastics, Agrochemicals, and Food & Beverage), and Region - Global Forecast to 2028", size was USD 43.5 billion in 2022 and is projected to reach USD 57.8 billion by 2028, at a CAGR of 4.9% from 2023 to 2028. The market is projected

Carbon Credit Trading Platform Market Forecast to Surpass $317 million by 2027 w …

According to a new market research report, the global carbon credit trading platform market is expected to reach USD 317 million by 2027 from an estimated USD 106 million in 2022, at a CAGR of 24.4% from 2022 to 2027. The global carbon credit trading platform market is expected to witness significant growth during the forecast period due to the surge in demand for carbon credits resulting from the increased

Immersion Cooling Market worth $2.1 billion by 2031 | Key players LiquidStack (N …

According to recent market research the "Immersion Cooling Market by Type (Single-Phase, Two-Phase), Application (High Performance Computing, Edge Computing, Cryptocurrency Mining), Cooling Fluid (Synthetic Oil, Mineral Oil), Component (Solutions, Services), and Region - Global Forecast to 2031", is projected to grow from USD 0.4 billion in 2023 to USD 2.1 billion by 2031, at a CAGR of 24.1% from 2023 to 2031. The market is witnessing robust growth worldwide due

Polyurethane Adhesives Market worth $10.3 billion by 2027 | Key players Henkel A …

According to recent market research the "Polyurethane Adhesives Market by Resin Type (Thermoset, Thermoplastic), Technology (Solvent-borne, 100% solids, Dispersion), End-use Industry (Automotive, Construction, Packaging, Footwear, Industrial, and Furniture), Region - Global Forecast to 2027", is projected to grow from USD 8.1 billion in 2022 to USD 10.3 billion by 2027, at a CAGR of 5.0% between 2022-2027. Versatility of Polyurethane Adhesives boost the market demand. Browse 193 market data Tables and

Industrial Filtration Market Poised to Soar: North America's Role in Driving Gro …

The global industrial filtration market is expected to grow from USD 37.1 billion in 2024 to USD 47.1 billion by 2029, at a CAGR of 4.9% during the forecast period. The Industrial Filtration market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to its massive food & beverage sector, extensive oil & gas infrastructure, and

Floor Adhesive Market worth $12.8 billion by 2028 | Key players Henkel AG (Germa …

According to recent market research the "Floor Adhesive Market by Type (Epoxy, Polyurethane, Acrylic, and Vinyl), Application (Tile & Stone, Carpet, Wood, and Laminate), Technology (Water-based, Solvent-based and Hot-melt based), and Region - Global Forecast to 2028", size is projected to grow from USD 9.7 billion in 2023 to USD 12.8 billion by 2028, at a CAGR of 5.8%. The floor adhesives market is divided into five key regions: North

Cooling Fabrics Market worth $3.6 billion by 2028 | Key players Coolcore (US), A …

According to recent market research the "Cooling Fabrics Market by Type (Natural, Synthetic), Textile Type (Woven, Nonwoven, Knitted), Application (Sports Apparel, Lifestyle, Protective Wearing), and Region (APAC, Europe, North America, ROW)- Global Forecast to 2028", is projected to grow from USD 2.4 billion in 2023 to USD 3.6 billion by 2028, at a CAGR of 7.7%. Cooling fabrics have been the primary choice for sports apparel due to their ability

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